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Global Collection Accounts Global Collection Accounts let you receive payments through local account numbers in multiple markets, without setting up local entities or foreign bank accounts. Payers transfer funds in their own currency over local rails, SWIFT, or supported blockchains, and each payment is credited to your Tazapay balance which you can hold, convert, withdraw, or use for payouts. Every Tazapay account has access to two collection account types: Virtual Accounts for fiat and Stablecoin Wallets.

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Key Capabilities

  • Local account numbers - Payers transfer to a domestic account number over local rails (FAST, ACH, SEPA, Faster Payments) at local cost and speed. SWIFT is available for cross-border wires.
  • Single multi-currency balance - You can hold in the currencies you choose. Conversion is applied at the moment of credit, so there is no separate FX step. See FX.
  • Screening - Every incoming payment is screened before it is credited. Payments that require review are placed on a hold.
  • Collections on behalf of - You can provision dedicated accounts for each of your customers; every payment carries the customer’s entity ID for attribution. See Collections on Behalf Of.

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Use Case Guides

B2B Collections

Collect from buyers in their currency, hold in yours.

Financial Institutions

White label collection accounts inside your own product.

Marketplaces

A named account per seller — every payment attributed automatically.